‼ ️‼ ️‼ ️Interpretation of the market trend on May 7:

First, from the 1-hour and 2-hour time levels, the market is in a bearish trend. 🔥🔥🔥🐍qu1n ➕唯 ZBZ188 🔥🔥 🔥

However, when we zoom in to the 4-hour time level, we observe that the current market is in a correction phase.

Therefore, today's trading focus should be on the long and short prices at the 4-hour level, especially near the key position of 0.7076.

If the market price can successfully break through the price of 0.7076, then we can think that the correction has ended and the market will start a new upward trend.

In this case, the upper target price can be set near the three positions of 0.7149, 0.7215 and 0.7289.

However, if the market price fails to break through the long and short price of 0.7076 when trying to rise, then the market may continue to pull back. In this case, the target positions for the retracement below can be around 0.7015, 0.6961 and 0.6896.

Finally, I would like to emphasize that it is very important to be prudent and cautious in trading.

Just as the saying "keep the old hen to keep the eggs", we need to protect our principal in order to make stable profits in the long run.

Remember, only when the profit is really pocketed, it becomes our money.

I hope these suggestions will help everyone's trading.

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